BHP Billiton, an Australian company, just paid $$0\mathrm{.}85$ as a dividend, which is expected to grow at $6\mathrm{.}0$ per cent. Its most recent stock price is $$82.$ Further, the company has a debt issue outstanding with $23$ years to maturity that is quoted at $95$ per cent of face value. The issue makes semiannual payments and has an embedded cost of $6$ per cent annually. It considers a debt$-$equity ratio of $0\mathrm{.}60$ and a $25$ per cent corporate tax rate. This year, the company has an EBIT of $$3\mathrm{.}15$ million. Depreciation, the increase in net working capital, and capital spending were $$265,000,$ $$105,000,$ and $$495,000,$ respectively. Therefore, you expect that over the next five years, EBIT will grow at $15$ per cent per year, depreciation and capital spending will grow at $15$ per cent per year, and NWC will grow at $10$ per cent per year. It also has $$19\mathrm{.}5$ million in debt and $400,000$ shares outstanding. After Year $5,$ the adjusted cash flow from assets is expected to grow at $3\mathrm{.}50$ per cent indefinitely.

Answer the following five $(5)$ questions based on the above information and enter only the number as an answer, for example, $1234\mathrm{.}56.$ Two $(2)$ marks for each correct answer, a total of ten $(10)$ marks.

What is the value of the company $($$$)?$ Answer